Phillips Curve | Shifts, Short Run Graph & Recession
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Study.comJon Nash
Phillips Curve | Shifts, Short Run Graph & Recession
Learn to define what a Phillips curve is. Discover the short-run Phillips curve graph and the Phillips curve shifts. Explore the Phillips curve in a recession.
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Phillips Curve Explained
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The Phillips Curve - SlideServe
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3. The slope of the Phillips curve: Draw a graph with a steep Phillips curve anda graph with a gently sloped Phillips curve.(a) Explain how the two economies respond differently to a boom and to aslump.(b) What are some factors that might influence the slope of the Phillipscurve?(c) Do you think the slope of the Phillips curve has changed over time in theU.S. economy? Consider the United States in the 1970s versus today.
3. The slope of the Phillips curve: Draw a graph with a steep Phillips curve anda graph with a gently sloped Phillips curve.(a) Explain how the two economies respond differently to a boom and to aslump.(b) What are some factors that might influence the slope of the Phillipscurve?(c) Do you think the slope of the Phillips curve has changed over time in theU.S. economy? Consider the United States in the 1970s versus today.
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May 5, 2023
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